Postal Retail Network Consolidation, 35210-35211 [E9-17155]
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Federal Register / Vol. 74, No. 137 / Monday, July 20, 2009 / Notices
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erowe on DSK5CLS3C1PROD with NOTICES
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of July 2009.
15:18 Jul 17, 2009
Jkt 217001
POSTAL REGULATORY COMMISSION
[Docket No. N2009–1; Order No. 244]
Postal Retail Network Consolidation
Postal Regulatory Commission.
Notice related to postal retail
network consolidation initiative.
AGENCY:
The NRC may not conduct or sponsor,
and a person is not required to respond
to, a request for information or an
information collection requirement
unless the requesting document
displays a current valid Office of
Management and Budget control
number.
VerDate Nov<24>2008
For the Nuclear Regulatory Commission.
Martin C. Murphy,
Chief, Generic Communications Branch,
Division of Policy and Rulemaking, Office
of Nuclear Reactor Regulation.
[FR Doc. E9–17164 Filed 7–17–09; 8:45 am]
ACTION:
SUMMARY: This document addresses a
recent Postal Service filing seeking
Commission action on matters related to
a retail network consolidation plan
affecting certain postal stations and
branches and postal patrons, primarily
through consolidation of facilities. It
includes information on several related
procedural steps, including intervention
and a prehearing conference.
DATES: Deadline for notices of
intervention, requests for hearings, and
required statements: July 28, 2009;
prehearing conference (9:30 a.m.): July
30, 2009.
ADDRESSES: Submit filings electronically
via the Commission’s Filing Online
system at https://www.prc.gov.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharman, general counsel,
202–789–6820.
SUPPLEMENTARY INFORMATION: On July 2,
2009, the United States Postal Service
(Postal Service) filed a request with the
Postal Regulatory Commission
(Commission) asking for a
determination whether a plan to
optimize the postal retail network by
consolidating the operations of some
retail stations and branches into nearby
facilities constitutes a change in the
nature of postal services, substantially
on a nationwide basis, within the
meaning of 39 U.S.C. 3661(c).1 The
Postal Service describes the plan as the
Postal Service Station and Branch
Optimization and Consolidation
Initiative (Initiative). Request at 1.
If the Commission determines that the
Initiative will likely generate changes in
the nature of postal services on a
substantially nationwide basis, the
Postal Service then requests that the
Commission issue an advisory opinion
under section 3661(c) which concurs
1 Request of the United States Postal Service for
an Advisory Opinion on Changes in Postal Services,
July 2, 2009; and Notice of the United States Postal
Service of Filing Erratum to Request [Erratum], July
2, 2009 (Request).
PO 00000
Frm 00056
Fmt 4703
Sfmt 4703
that such service changes would
conform to the policies reflected in title
39 of the United States Code. Id. at 2.
The Postal Service states that the
Initiative already began in May with the
examination of the portion of the retail
network consisting of stations and
branches that report to Postmasters at or
above the USPS Executive &
Administrative Schedule level 24 pay
grade. USPS–T–2 at 8. It asserts that the
stations and branches that meet this
criterion are located primarily in urban
and suburban population centers and
comprise approximately two-thirds of
the over 4,800 stations and branches
nationwide. Request at 5–6. The stated
objective of the Initiative is to ‘‘realign
the postal retail network with current
and future postal customer service
needs, to reduce inefficiency and
redundancy, and to capture the
resulting cost savings.’’ Id. at 6. The
results will be used to inform any
decisions on whether to expand the
Initiative to a broader pool of stations
and branches. Id. The Postal Service
states that if the Initiative results in a
decision to change the nature of any
postal service provided at any postal
facility, such changes will not be
implemented before October 2, 2009. Id.
at 7.
The Postal Service’s Request is
accompanied and supported by two
pieces of testimony and four library
references. The Postal Service states that
the reasons underlying the pursuit of
the objectives contained within the
Initiative are described in the Direct
Testimony of Alice M. VanGorder on
Behalf of United States Postal Service
(USPS–T–1), July 2, 2009. It states that
the process to be employed in making
decisions to achieve the objectives are
described in the Direct Testimony of
Kimberly I. Matalik on Behalf of United
States Postal Service (USPS–T–2), July
2, 2009. The library references provide
public and non-public versions of the
official records for the closings of the
Buhl, PA classified station 2 and the
Washburn, IA classified branch.3
The Request and all supporting public
materials are on file in the
2 USPS–LR–N2009–1/1 Official Record to Close
the Buhl, PA Classified Station, Docket No. 16146
(Public Version); and USPS–LR–N2009–1/NP1
Official Record to Close the Buhl, PA Classified
Station, Docket No. 16146 (Non-Public Version).
The public version excludes the names of
customers and postal patrons providing comments
to the Postal Service.
3 USPS–LR–N2009–1/2 Official Record to Close
the Washburn, IA Classified Branch, Docket No.
50706 (Public Version); and USPS–LR–N2009–1/
NP2 Official Record to Close the Washburn, IA
Classified Branch, Docket No. 50706 (Non-Public
Version). The public version excludes the names of
customers and postal patrons providing comments
to the Postal Service.
E:\FR\FM\20JYN1.SGM
20JYN1
erowe on DSK5CLS3C1PROD with NOTICES
Federal Register / Vol. 74, No. 137 / Monday, July 20, 2009 / Notices
Commission’s docket room for
inspection during regular business
hours, and are available on the
Commission’s Web site at https://
www.prc.gov.
Further procedures. Section 3661(c) of
title 39 requires that the Commission
afford an opportunity for formal, on-therecord hearing of the Postal Service’s
Request under the terms specified in
sections 556 and 557 of title 5 of the
United States Code before issuing its
advisory opinion. All interested parties
are hereby notified that notices of
intervention in this proceeding shall be
due on July 28, 2009. Any participant
requesting a hearing in this matter shall
so state in conformance with 39 CFR
3001.20(b).
At this time, the Commission cannot
anticipate the duration, or even the
exact form, proceedings on this matter
will take. Participants who wish to offer
their views on these issues may do so
in their interventions. Due to the nature
of this Initiative, the Commission may
consider holding public hearings
outside of Washington, DC.
The Postal Service indicates that its
Initiative was fostered, in part, by the
current financial crisis and the
continuing decline in mail volume. In
light of this, it requests that the
Commission expeditiously issue its
opinion. However, a proposal for
changes which could impact the nature
of postal service on a nationwide basis
must be examined carefully. The
Commission urges participants to
carefully consider, prior to the
prehearing conference, the justification
for any proposed discovery period.
The Commission will hold a
prehearing conference in this docket on
July 30, 2009 at which these questions
will be discussed.
Public participation. Section 3661(c)
of title 39 requires the participation of
an ‘‘officer of the Commission who shall
be required to represent the interests of
the general public’’ in these
proceedings. Robert Sidman is
designated to serve as Public
Representative to represent the interests
of the general public.
It is ordered:
1. The Commission establishes Docket
No. N2009–1 to consider the Postal
Service Request referred to in the body
of this order.
2. The Commission will act en banc
in this proceeding.
3. Notices of intervention shall be
filed no later than July 28, 2009.
4. Participants who wish to request a
hearing on the Postal Service’s Request
in this docket shall submit such a
request, together with statements in
VerDate Nov<24>2008
15:18 Jul 17, 2009
Jkt 217001
conformance with 39 CFR 3001.20(b),
on or before July 28, 2009.
5. A prehearing conference is
scheduled for July 30, 2009, at 9:30 a.m.,
in the Commission’s hearing room.
6. Pursuant to 39 U.S.C. 3661(c), the
Commission appoints Robert Sidman to
represent the interests of the general
public in this proceeding.
7. The Secretary shall arrange for
publication of this notice in the Federal
Register.
Issued: July 10, 2009.
By the Commission.
Judith M. Grady,
Acting Secretary.
[FR Doc. E9–17155 Filed 7–17–09; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
28818; File No. 812–13200]
Reaves Utility Income Fund, et al.;
Notice of Application
July 14, 2009.
AGENCY: Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice of application under
section 6(c) of the Investment Company
Act of 1940 (‘‘Act’’) for an exemption
from section 19(b) of the Act and rule
19b–1 under the Act.
SUMMARY OF APPLICATION: Applicants
request an order to permit a registered
closed-end investment company to
make periodic distributions of long-term
capital gains with respect to its common
shares as often as monthly in any one
taxable year, and as frequently as
distributions are specified by or in
accordance with the terms of its
preferred shares.
APPLICANTS: Reaves Utility Income Fund
(‘‘UTG’’) and W.H. Reaves & Co., Inc.
(‘‘Investment Adviser’’).
DATES: Filing Dates: June 14, 2005, and
amended on February 14, 2007, October
15, 2008, April 20, 2009, and July 10,
2009.
HEARING OR NOTIFICATION OF HEARING: An
order granting the application will be
issued unless the Commission orders a
hearing. Interested persons may request
a hearing by writing to the
Commission’s Secretary and serving
applicants with a copy of the request,
personally or by mail. Hearing requests
should be received by the Commission
by 5:30 p.m. on August 10, 2009, and
should be accompanied by proof of
service on applicants, in the form of an
affidavit or, for lawyers, a certificate of
PO 00000
Frm 00057
Fmt 4703
Sfmt 4703
35211
service. Hearing requests should state
the nature of the writer’s interest, the
reason for the request, and the issues
contested. Persons who wish to be
notified of a hearing may request
notification by writing to the
Commission’s Secretary.
ADDRESSES: Secretary, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549–1090;
Applicants: Reaves Utility Income
Fund, 1290 Broadway, Suite 1100,
Denver, CO 80203, and W.H. Reaves &
Co., Inc., 10 Exchange Place, 18th Floor,
Jersey City, NJ 07302.
FOR FURTHER INFORMATION CONTACT:
Courtney S. Thornton, Senior Counsel,
at (202) 551–6812, or Mary Kay Frech,
Branch Chief, at (202) 551–6821
(Division of Investment Management,
Office of Investment Company
Regulation).
SUPPLEMENTARY INFORMATION: The
following is a summary of the
application. The complete application
may be obtained via the Commission’s
Web site by searching for the file
number, or for an applicant using the
Company name box, at https://
www.sec.gov/search/search.htm, or by
calling (202) 551–8090.
Applicants’ Representations
1. UTG is a registered closed-end
management investment company
organized as a Delaware statutory trust.1
UTG’s primary investment objective is
to provide a high level of after-tax
income and total return consisting
primarily of tax-advantaged dividend
income and capital appreciation. The
common shares issued by UTG are
listed on the NYSE Amex. UTG
currently has three series of preferred
shares outstanding, which are not listed
or traded on any stock exchange.
Applicants believe that the shareholders
of UTG are generally conservative,
dividend-sensitive investors who desire
current income periodically and may
favor a fixed distribution policy.
2. The Investment Adviser is a
Delaware corporation registered under
the Investment Advisers Act of 1940
(‘‘Advisers Act’’). The Investment
Adviser serves as investment adviser to
1 UTG is the only closed-end investment
company that currently intends to rely on the order.
Applicants request that the order also apply to any
registered closed-end investment company that in
the future: (a) Is advised by the Investment Adviser
(including any successor in interest) or by any
entity controlling, controlled by, or under common
control (within the meaning of section 2(a)(9) of the
Act) with the Investment Adviser; and (b) complies
with the terms and conditions of the requested
order (collectively with UTG, ‘‘Funds’’). A
successor in interest is limited to entities that result
from a reorganization into another jurisdiction or a
change in the type of business organization.
E:\FR\FM\20JYN1.SGM
20JYN1
Agencies
[Federal Register Volume 74, Number 137 (Monday, July 20, 2009)]
[Notices]
[Pages 35210-35211]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-17155]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket No. N2009-1; Order No. 244]
Postal Retail Network Consolidation
AGENCY: Postal Regulatory Commission.
ACTION: Notice related to postal retail network consolidation
initiative.
-----------------------------------------------------------------------
SUMMARY: This document addresses a recent Postal Service filing seeking
Commission action on matters related to a retail network consolidation
plan affecting certain postal stations and branches and postal patrons,
primarily through consolidation of facilities. It includes information
on several related procedural steps, including intervention and a
prehearing conference.
DATES: Deadline for notices of intervention, requests for hearings, and
required statements: July 28, 2009; prehearing conference (9:30 a.m.):
July 30, 2009.
ADDRESSES: Submit filings electronically via the Commission's Filing
Online system at https://www.prc.gov.
FOR FURTHER INFORMATION CONTACT: Stephen L. Sharman, general counsel,
202-789-6820.
SUPPLEMENTARY INFORMATION: On July 2, 2009, the United States Postal
Service (Postal Service) filed a request with the Postal Regulatory
Commission (Commission) asking for a determination whether a plan to
optimize the postal retail network by consolidating the operations of
some retail stations and branches into nearby facilities constitutes a
change in the nature of postal services, substantially on a nationwide
basis, within the meaning of 39 U.S.C. 3661(c).\1\ The Postal Service
describes the plan as the Postal Service Station and Branch
Optimization and Consolidation Initiative (Initiative). Request at 1.
---------------------------------------------------------------------------
\1\ Request of the United States Postal Service for an Advisory
Opinion on Changes in Postal Services, July 2, 2009; and Notice of
the United States Postal Service of Filing Erratum to Request
[Erratum], July 2, 2009 (Request).
---------------------------------------------------------------------------
If the Commission determines that the Initiative will likely
generate changes in the nature of postal services on a substantially
nationwide basis, the Postal Service then requests that the Commission
issue an advisory opinion under section 3661(c) which concurs that such
service changes would conform to the policies reflected in title 39 of
the United States Code. Id. at 2.
The Postal Service states that the Initiative already began in May
with the examination of the portion of the retail network consisting of
stations and branches that report to Postmasters at or above the USPS
Executive & Administrative Schedule level 24 pay grade. USPS-T-2 at 8.
It asserts that the stations and branches that meet this criterion are
located primarily in urban and suburban population centers and comprise
approximately two-thirds of the over 4,800 stations and branches
nationwide. Request at 5-6. The stated objective of the Initiative is
to ``realign the postal retail network with current and future postal
customer service needs, to reduce inefficiency and redundancy, and to
capture the resulting cost savings.'' Id. at 6. The results will be
used to inform any decisions on whether to expand the Initiative to a
broader pool of stations and branches. Id. The Postal Service states
that if the Initiative results in a decision to change the nature of
any postal service provided at any postal facility, such changes will
not be implemented before October 2, 2009. Id. at 7.
The Postal Service's Request is accompanied and supported by two
pieces of testimony and four library references. The Postal Service
states that the reasons underlying the pursuit of the objectives
contained within the Initiative are described in the Direct Testimony
of Alice M. VanGorder on Behalf of United States Postal Service (USPS-
T-1), July 2, 2009. It states that the process to be employed in making
decisions to achieve the objectives are described in the Direct
Testimony of Kimberly I. Matalik on Behalf of United States Postal
Service (USPS-T-2), July 2, 2009. The library references provide public
and non-public versions of the official records for the closings of the
Buhl, PA classified station \2\ and the Washburn, IA classified
branch.\3\
---------------------------------------------------------------------------
\2\ USPS-LR-N2009-1/1 Official Record to Close the Buhl, PA
Classified Station, Docket No. 16146 (Public Version); and USPS-LR-
N2009-1/NP1 Official Record to Close the Buhl, PA Classified
Station, Docket No. 16146 (Non-Public Version). The public version
excludes the names of customers and postal patrons providing
comments to the Postal Service.
\3\ USPS-LR-N2009-1/2 Official Record to Close the Washburn, IA
Classified Branch, Docket No. 50706 (Public Version); and USPS-LR-
N2009-1/NP2 Official Record to Close the Washburn, IA Classified
Branch, Docket No. 50706 (Non-Public Version). The public version
excludes the names of customers and postal patrons providing
comments to the Postal Service.
---------------------------------------------------------------------------
The Request and all supporting public materials are on file in the
[[Page 35211]]
Commission's docket room for inspection during regular business hours,
and are available on the Commission's Web site at https://www.prc.gov.
Further procedures. Section 3661(c) of title 39 requires that the
Commission afford an opportunity for formal, on-the-record hearing of
the Postal Service's Request under the terms specified in sections 556
and 557 of title 5 of the United States Code before issuing its
advisory opinion. All interested parties are hereby notified that
notices of intervention in this proceeding shall be due on July 28,
2009. Any participant requesting a hearing in this matter shall so
state in conformance with 39 CFR 3001.20(b).
At this time, the Commission cannot anticipate the duration, or
even the exact form, proceedings on this matter will take. Participants
who wish to offer their views on these issues may do so in their
interventions. Due to the nature of this Initiative, the Commission may
consider holding public hearings outside of Washington, DC.
The Postal Service indicates that its Initiative was fostered, in
part, by the current financial crisis and the continuing decline in
mail volume. In light of this, it requests that the Commission
expeditiously issue its opinion. However, a proposal for changes which
could impact the nature of postal service on a nationwide basis must be
examined carefully. The Commission urges participants to carefully
consider, prior to the prehearing conference, the justification for any
proposed discovery period.
The Commission will hold a prehearing conference in this docket on
July 30, 2009 at which these questions will be discussed.
Public participation. Section 3661(c) of title 39 requires the
participation of an ``officer of the Commission who shall be required
to represent the interests of the general public'' in these
proceedings. Robert Sidman is designated to serve as Public
Representative to represent the interests of the general public.
It is ordered:
1. The Commission establishes Docket No. N2009-1 to consider the
Postal Service Request referred to in the body of this order.
2. The Commission will act en banc in this proceeding.
3. Notices of intervention shall be filed no later than July 28,
2009.
4. Participants who wish to request a hearing on the Postal
Service's Request in this docket shall submit such a request, together
with statements in conformance with 39 CFR 3001.20(b), on or before
July 28, 2009.
5. A prehearing conference is scheduled for July 30, 2009, at 9:30
a.m., in the Commission's hearing room.
6. Pursuant to 39 U.S.C. 3661(c), the Commission appoints Robert
Sidman to represent the interests of the general public in this
proceeding.
7. The Secretary shall arrange for publication of this notice in
the Federal Register.
Issued: July 10, 2009.
By the Commission.
Judith M. Grady,
Acting Secretary.
[FR Doc. E9-17155 Filed 7-17-09; 8:45 am]
BILLING CODE 7710-FW-P